Cadillac XT4 good deal? Any suggestion?

[Han_Song]

This is offer for New cadillac XT4

36 months
10K
MSRP $38,805.00
Money factor .00001
Tier a+ credit
$33,481.00 selling price
Lease APR equivalent .02%
residual 51 %
Due at signing $443.13
$439.00 our offer ( best deal )
residual $19,791.00

Is this really best deal?

[VirginiaBeacher]

Im guessing the 439 is monthly payment?
Also, where you located?

[Han_Song]

Yea. 439 is monthly payment. I live in Texas.

[Qbrozen]

well, TX hurts, of course. Have you checked on incentives? What do you qualify for?

[Gersh]

Have you thought about leasing a loaner?

[chrishs2000]

How did it work out for you?

Cadillac XT5 Loaner

I’m looking into leasing a Cadillac XT5 with Luxury trim. I couldn’t get the dealer to give a big discount on a brand new vehicle, but was offered a bigger discount on a loaner. The loaner has 3900 miles on it. I’m not sure how to calculate the price for a loaner, so I’m hoping to get some feedback. I’ve pasted a link to the calc. The current offer has the vehicle discounted 14.5% off MSRP. XT5 Loaner Calc.

[Han_Song]

Only $500 bonus

[Gersh]

@chrishs2000

How did it work out for you?

I would’ve considered it if the vehicle had been for me. At the trim level we could afford, it didn’t have enough safety features to hopefully keep my wife out of trouble.

[Qbrozen]

So about 12.5% discount before the $500 incentive seems good. Overall, the deal sucks due to lack of incentives and crappy residual. But if it is the car you want, then it is what it is.

[jeisensc]

@Han_Song

Money factor .00001

It has one thing going for it: basically rent-free.

[Han_Song]

Thanks for all the replies! I asked them for loaners.